Severfield (LON:SFR) Trading Down 45.7% – Time to Sell?

Severfield plc (LON:SFR) traded down 45.7% during trading on Monday . The stock traded as low as GBX 25.20 ($0.32) and last traded at GBX 25.90 ($0.33). 13,980,617 shares changed hands during mid-day trading, an increase of 1,988% from the average session volume of 669,568 shares. The stock had previously closed at GBX 47.70 ($0.61).

Severfield Trading Down 45.7 %

The stock has a market cap of £75.63 million, a price-to-earnings ratio of 4.93 and a beta of 0.80. The business has a 50-day simple moving average of GBX 49.59 and a two-hundred day simple moving average of GBX 66.85. The company has a debt-to-equity ratio of 19.24, a quick ratio of 0.99 and a current ratio of 1.15.

Severfield Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 7th. Investors of record on Thursday, January 9th were issued a dividend of GBX 1.40 ($0.02) per share. This represents a yield of 1.61%. The ex-dividend date of this dividend was Thursday, January 9th. Severfield’s payout ratio is 76.20%.

Severfield Company Profile

Operating on an international scale, Severfield is widely recognised for its iconic structures, engineering excellence and unparalleled customer service.

We have the design, experience and engineering skills to serve a diverse range of market sectors, from education and hospitals to bridges and commercial offices.

We approach every project, from the highly technical to basic structural work, with the same level of safety, professionalism, commitment, care and customer service.
Our people make Severfield the success story it is today.